PRS development Clippers Quay tops out

Clippers Quay, a £100m 614-home PRS development in Salford, has reached its highest point of construction.

The project one of the largest build-to-rent developments in the UK and is being delivered by developer Amstone Residential for residential landlord Grainger.

The contractor is Sir Robert McAlpine.

Later today the milestone will be marked by a topping out ceremony, attended by the Homes & Communities Agency’s chief executive and chairman, Nick Walkley and Sir Edward Lister, Salford City Mayor Paul Dennett and chief executive Jim Taylor, alongside Grainger’s chief executive Helen Gordon, managing director Adnan Siddiqi of Amstone, the developer, and Richard McAlpine of Sir Robert McAlpine.

Grainger agreed to forward fund Clippers Quay in February 2016, and construction began in May that year.

An average of 56 new homes will be completed each month at Clippers Quay starting in mid-2018.

Clippers Quay sits across five buildings containing 614 PRS homes, seven commercial units, amenity space for residents, private gardens and public realm for the local area.

Siddiqi said: “The topping out ceremony marks a significant milestone in the delivery of Clippers Quay. Amstone Residential has worked with an excellent professional team to deliver one of Manchester’s most unique residential developments, providing over 600 quality purpose built rental homes. Clippers Quay, with its proximity to Manchester and MediaCity, is a great place to locate as well as being a fine example of the build to rent model.”